2020 has been surprisingly good for the publishing industry

It might be a picture of gloom and doom for most business sectors in 2020 though surprisingly, the publishing sector has come out unscathed from the vagaries of the pandemic.

Sales have largely been positive across all segments of the book industry, which includes printed books, eBooks, and audiobooks.

Print sales have risen by 8 percent, which may not seem much but is the highest it has been in several years. Similarly, there has been a rise in demand for eBooks and audiobooks as well even though both make up a smaller proportion of the market. According to figures put up by the Association of American Publishers, audiobook revenue rose by 17 percent over the same period last year. The sale of eBooks too picked up by registering a 16 percent growth.

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